elumeo SE (XTER:ELB) Receivables Turnover : 5.20 (As of Dec. 2023)

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What is elumeo SE Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. elumeo SE's Revenue for the three months ended in Dec. 2023 was €12.07 Mil. elumeo SE's average Accounts Receivable for the three months ended in Dec. 2023 was €2.32 Mil. Hence, elumeo SE's Receivables Turnover for the three months ended in Dec. 2023 was 5.20.

elumeo SE Receivables Turnover Historical Data

The historical data trend for elumeo SE's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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elumeo SE Receivables Turnover Chart

elumeo SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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31.33

32.28

28.99

23.06

22.42

elumeo SE Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															7.13	6.72	6.67	5.43	5.20

Competitive Comparison of elumeo SE's Receivables Turnover

For the Luxury Goods subindustry, elumeo SE's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

elumeo SE's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, elumeo SE's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where elumeo SE's Receivables Turnover falls into.

elumeo SE Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

elumeo SE's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	45.388	/ (	(1.71	+	2.338)	/	2 )
=	45.388	/	2.024
=	22.42

elumeo SE's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	12.065	/ (	(2.305	+	2.338)	/	2 )
=	12.065	/	2.3215
=	5.20

elumeo SE (XTER:ELB) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

elumeo SE Receivables Turnover Related Terms

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elumeo SE (XTER:ELB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » elumeo SE (XTER:ELB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ELB:Germany ELB:Germany

Address

Erkelenzdamm 59/61, Berlin, DEU, 10999

Website

https://www.elumeo.com

elumeo SE along with its subsidiaries engages in designing, producing and selling jewelry articles, precious gemstones, and related products. Its brand portfolio comprises Juwelo, Rocks and Co., New York Gemstones, and AMAYANI brands. The company markets its products via the internet, catalogs, television, retail and other electronic distribution channels. The Group operates home shopping television stations in Germany and Italy as well as web shops in Germany, the UK, Italy, France, the Netherlands, Spain and Belgium.

Executives

Wolfgang Boyé

Supervisory Board

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